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Tuesday, 12 July 2016

Regulators Help Rig "Justice" in Rigged Market Capitalism. (499)

To the Business Secretary:
For Clarity - Attempt 499.

499) Regulators Help Rig "Justice" in Rigged Market Capitalism.

Or how The establishment looks after its own.

Again. And Again. And again and again and again.

Soft on Crime. Soft on the causes of Crime.

Dear Mr Javid,
"HSBC escaped the money-laundering charges after UK intervention."
(www.guardian.co.uk 12 June 2016)

This seems to be yet another example of Telegraph journalist Juliet Samuel's devious politicians/civil servants/regulators fixing things behind the scenes.

She approves of this sort of thing.

The Guardian article stated;
"The US government decided not to pursue criminal charges against HSBC for allowing terrorists and drug dealers to launder millions of dollars after George Osborne and the UK banking regulator intervened to warn that prosecuting Britain's biggest bank could lead to a financial disaster."

No doubt a sizeable chunk of the laundered-money ended up in the London Property Market helping to further inflate house prices and heap more stress and misery on the dispossessed trying to cope with the bedroom tax. Or just trying to put a roof over their head. 

Government colluding with organised crime to prop organised crime in the form of banking.

The article continued;
"The report said the FSA (Financial Services Authority) was, 'problematic,' 'weighed in very strongly' and caused a, 'firestorm' which led the then Attorney General, Eric Holder,  to overrule the advice of his own prosecutors and not pursue criminal action."

Unlike the Telegraph journalist we disapprove of this sort of thing.

Q. Mr Javid, why hasn't the RICS the regulator of Ombudsman Services:Property weighed in strongly to end the illogical Final Decisions and maladministration?
Q. Mr Javid, why haven't government monitors caused a firestorm and prosecuted those responsible for the illogical Final Decisions and maladministration?
Q. Mr Javid, isn't this a form of state sponsored terrorism and state organised crime? 

Yours sincerely,
Steve Gilbert - The Ombudsmans61percent Campaign.

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